Bulgaria, a picturesque country in Europe is gradually turning into a gambling den of the South east European countries. The sudden jump in popularity is mainly because of the enforcement of a sudden ban in the in the Russian subcontinent. To make the life of the gamblers even more miserable, the government has legalized gambling in the remotest areas of Russia such as in the Siberia, Kaliningrad areas.
The second world country, Bulgaria, is gradually realizing its potential as a hot tourist destination. It is already a favorite for the Turks and the Greeks. Bulgaria is now aiming to spread its influence in Russia and other European countries too. Bulgaria is trying to fully utilize the opportunity of gambling which the Russians are missing.
Large scale propositions to convert Bulgaria to the Las Vegas of Europe are put forward. With this massive change, thousands of job opportunities will open up. Annual tax revenue of around $200 million dollar is also expected only from this gaming industry. After the real estates of Bulgaria reached its nadir in January and February 2009, plans to revive the economic conditions, through gambling, are being proposed. The Bulgarian government is also planning to give licenses and legalize many of the online and offline gambling centers of the country. This has already shown a positive rise in the gross national economy of the country. More than the indigenous inhabitants, it is the tourists, especially the Russian clienteles who are showing great interest towards these activities and pleasure.
With the kind of investments and planning that are being showered to the gambling business, the day is not far behind when the strength of Bulgaria’s economy will be equal to those of the first world countries and Bulgaria will be proudly called the Las Vegas of the European continent.